# Trustees Of Ibew Local 531 &amp; Neca Money Purchase Pension Plan DC Plan
Source: https://planprovider.pro/companies/trustees-of-ibew-local-531-neca-money-purchase-pension-plan-plan

> Trustees Of Ibew Local 531 &amp; Neca Money Purchase Pension Plan&#39;s DC plan: 805 participants, plan year 2025 financials, providers, and benchmarks from Form 550…

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Trustees Of Ibew Local 531 & Neca Money Purchase Pension Plan

- **Sponsor EIN:** 356068417

- **Sponsor Address:** P.O. BOX 518, LAPORTE, IN, 463505469

- **Plan Type:** DC

- **Total Participants:** 805

- **Total Assets:** $137.1M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2025|805|$137.1M|$0|$0|

| 2024|705|$120.9M|$0|$0|

| 2023|540|$101.5M|$0|$0|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| LEGACY PROFESSIONALS LLP|Auditor|$18,500|—|$18,500|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [LEGACY PROFESSIONALS LLP](https://planprovider.pro/provider/legacy-professionals-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $18,500

- **Estimated Expense Ratio:** 0.013% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2025|$292,282|$29,667|$33,527|$18,500|—|

| 2024|$249,891|$28,000|$32,549|$17,500|—|

| 2023|$228,076|$28,000|$31,524|—|$142,645|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/trustees-of-ibew-local-531-neca-money-purchase-pension-plan-plan)

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